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MINDNMONEY SENTIMENT INDEX - brought to you By Tipsonhand.com - 500055 [ BHUSSTEEL ], BHUSHAN STEEL LTD. - MINDNMONEY INTRADAY SENTIMENT INDEX ESTIMATOR for 05/24/2016 |
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MINDNMONEY INTRADAY INDEX SENTIMENT ESTIMATOR for: 500055 : BHUSH STEEL for 24 May 2016---------------------------- OPENING DAY TRADE SENTIMENT for 24 May 2016: NEUTRAL [ NEUTRAL ARROUND 36.02 ] TRADING CALL for 24 May 2016: Buy in Dip , Sell on rally or vice versa LAST TRADING SHOWS: No Buying Interest (Volume: DEAD) MINDNMONEY INTRADAY SENTIMENT INDEX ESTIMATOR: [Index range: -9 to 9] You need to calculate from INTRADAY MOST RECENT CYCLE (IMRC) (Not INTRADAY/DAY HIGH/LOW) Need to recalculate, when Cycle,Trend changes and/or every 1 hour to find the sentiment at that time. Start with 0, 1] If IMRC High is more than : 34.98 than add 1 Otherwise add -1. 2] If IMRC High is more than 36.03 than add 1 Otherwise add -1. 3] If IMRC High is more than 37.84 than add 1 Otherwise add -1. 4] If IMRC LOW is more than 34.36 than add 1 Otherwise add -1. 5] If IMRC LOW is more than 35.06 than add 1 Otherwise add -1. 6] If IMRC LOW is more than 36.36 than add 1 Otherwise add -1. 7] If IMRC or DAY AVERAGE is more than 34.98 than add 1 Otherwise add -1. 8] If IMRC or DAY AVERAGE is more than 35.76 than add 1 Otherwise add -1. 9] If IMRC or DAY AVERAGE is more than 37.19 than add 1 Otherwise add -1. Conclusion: If result is greater than 2 than Upward Move Possible, greater than 5 than More Upward Move Possible If result is between -2 & 2 than Upward/Downward - Bothside Move Possible If result is less than -2 than Downward Move Possible, less than -5 More Downward Move Possible Last trading on 23 May 2016 Prices (BSE): PC: 35.85 O: 36.00 L: 35.25 H: 36.25 A: 35.95 C: 35.65 Short term trend report for 500055 - BHUSH STEEL as of 23 May 2016 ------------------------------------------------------------ Overall Trend from last few weeks (approx): PRICE TREND: NEUTRAL [1] DAILY HIGH: NEUTRAL [1] DAILY LOW: NEUTRAL [-1] DAILY AVERAGE: NEUTRAL [0] Last few days trend (approx): PRICE TREND: NEUTRAL [-2] DAILY HIGH: LITTLE DOWNWARD [-3] DAILY LOW: LITTLE DOWNWARD [-4] DAILY AVERAGE: LITTLE DOWNWARD [-3] Disclaimer: This is a personal view or an opinion. Please study fundamentals of the script before investing. Market sentiment, news and announcement can change the trading behaviour. |
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-:Disclaimer:-Tipsonhand.com is a personal blogsite for educational purpose on different types of investments. Tipsonhand.com Website analysis is from historic data. It will give little idea on how to take positions depends on analysis. It is not necessary that stock price will fluctuate on suggested analysis. The accuracy of data and/or anaysis is not guaranteed. Please take advise from licensed stock broker or study fundamental of the company before any investment decision. Please do your own research before investing. Tipsonhand.com or any persons associated with website are not responsible for any outcome from your take on any of Tipsonhand.com website analysis. Tipsonhand.com or any persons associated with website are not licensed to give any advise or suggestion for any type of investment. |